Array Technologies Inc (ARRY)
11.94
+0.25
(+2.14%)
USD |
NASDAQ |
Apr 23, 16:00
11.90
-0.04
(-0.34%)
After-Hours: 20:00
Array Technologies Gross Profit Margin (Quarterly): 24.66% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 24.66% |
| September 30, 2023 | 24.93% |
| June 30, 2023 | 29.55% |
| March 31, 2023 | 26.85% |
| December 31, 2022 | 19.12% |
| September 30, 2022 | 14.87% |
| June 30, 2022 | 9.51% |
| March 31, 2022 | 8.85% |
| December 31, 2021 | -1.94% |
| Date | Value |
|---|---|
| September 30, 2021 | 3.13% |
| June 30, 2021 | 10.44% |
| March 31, 2021 | 18.60% |
| December 31, 2020 | 19.63% |
| September 30, 2020 | 19.17% |
| June 30, 2020 | 19.32% |
| March 31, 2020 | 27.05% |
| December 31, 2019 | 26.97% |
| September 30, 2019 | 23.73% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-1.94%
Minimum
Dec 2021
29.55%
Maximum
Jun 2023
18.02%
Average
19.24%
Median
Gross Profit Margin (Quarterly) Benchmarks
| First Solar Inc | 43.33% |
| Enphase Energy Inc | 48.47% |
| SunPower Corp | 3.08% |
| Shoals Technologies Group Inc | 42.46% |
| SolarEdge Technologies Inc | -17.85% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 24.66% |
| Return on Assets | 7.76% |
| Return on Invested Capital | 10.72% |
| Profit Margin (Quarterly) | 6.76% |
| Operating Margin (Quarterly) | 9.06% |
| Return on Net Operating Assets | 9.38% |